Empirical evidence on the sign of the slope of the hazard rate from unemployment from a fixed effects model
固定效应模型下失业退出风险率斜率符号的经验证据
Abstract Empirical evidence on the sign of the slope of the hazard rate from unemployment is obtained from a fixed effects model based on the gamma distribution for unemployment duration. The data used are pairs of unemployment spells for adult males in the control and experimental groups of the Denver Income Maintenance Experiment. The sample selection issue involved in selecting the pair of spells used in the empirical work is discussed. The empirical results suggest that…